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The Latest Breaking News from Mining

Crypto Mining Firm Marathon Digital Faces Shareholder Lawsuit Over Alleged Breach Of Duties

CEO Fred Thiel and senior executives accused of unjust enrichment and corporate asset waste.

Zenger

Copper’s Value To Soar As Energy Transition Accelerates, Says American Pacific Mining CEO

American Pacific Mining capitalizes on the growing demand for copper with major mining partners backing its high-grade projects.

Zenger

Samsung's First 3nm GAA Chip Found in Cryptominer

China-based MicroBT uses Samsung's 3 nm process technology for the Whatsminer M56S++ mining ASIC.

Tom’s Hardware

From analysis to the latest developments in health,
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‘Lots of Tories won’t vote’: can Labour really take Selby and Ainsty?

Voters in the former mining constituency turned Tory stronghold suggest the Conservatives have their work cut out in the forthcoming byelection

The Guardian - UK

UAE signs deal to develop mines in eastern DR Congo

Agreement reached after DRC signs a 25-year contract with a UAE firm over export rights for artisanally mined ores.

Al Jazeera

It's a journey to the center of the rare earths discovered in Sweden

Sweden says it found the largest deposit in Europe of rare earths — ingredients in a host of technologies from e-vehicles to wind turbines. Mining and processing them is another story.

WEKU

3 Buy Rated Crypto Firms Ready to Soar!

Is now the time to buy into crypto firms? Read on and discover 3 buy-rated companies with huge upside potential!

Barchart

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California ghost town disappears again as lake fills after three-year drought

Whiskey Flat, once known for gold mining and wild west movies was covered again by previously drought-stricken Lake Isabella

The Guardian - US

A new era for Florida’s phosphates: rare earth minerals for EVs instead of fertilizers

The periodic table you may remember from chemistry class had two additional rows of elements below the main table. In the top added row are rare earth elements, metals critical in everyday technologies like cell phones and flat-screen TVs. Their global demand has skyrocketed for use in renewable energy technologies…

Miami Herald

Hecla Mining’s Q2 Silver Production Falls 5%; Gold Production Slumps 11%

Casa Berardi mine and lower grades impact Hecla's Q2 production, but Lucky Friday mine sees increase

Zenger

Will the drive for EVs destroy Earth's last untouched ecosystem?

In the hunt for minerals needed in electric car batteries, some companies are turning to the deep sea. But mining this ecosystem could threaten its very existence.

LiveScience

Brazil wants 10-year pause on deep sea mining as UN agency under pressure to draft regulations

Brazil is urging a 10-year precautionary pause on deep sea mining in international waters just days after companies and countries were allowed to start applying for provisional licenses

The Independent UK

Victims of Brazil dam disaster accuse mining giant BHP of ‘environmental racism’

Brazilians write to Sunak to urge the UK government to crack down on unethical corporate practices

The Guardian - UK

Deep-Sea Mining Test Shows Catastrophic Impact On Marine Life In Just Two Hours

Short mining session leads to significant decline in fish and shrimp populations, raising concerns for future regulations.

Zenger

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The Guardian - UK

Deep-sea mining causes huge decreases in sealife across wide region, says study

Scientists caution against rush to mine the seabed, and say it could be decades before the full impact on marine life is known

The Guardian - AU

Inside Cadia, the NSW goldmine at the centre of an environmental dust-up

Management says the Newcrest-owned mine is now operating in compliance with licence conditions, but residents and experts remain concerned

The Hindu

Action against illegal quarrying will be taken based on spot report: Minister

Govt to ask Mines & Geology Dir. to visit illegal quarrying areas in Yeshwantpur, Bengaluru & submit report to Minister in a week. Govt to take action based on spot report. Private companies indulging in illegal quarrying & not paying royalty. Proposal to regularise by imposing one-time penalty. Drones to…

The Texas Tribune

At a shuttered Texas coal mine, a 1-acre garden is helping feed 2,000 people per month

The garden in the middle of a 35,000-acre former mine is supplying thousands of pounds of fresh produce to families in three counties that have few grocery stores.

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AAP

Activist jailed for anti-logging, mining protests

A Tasmanian activist has been jailed for three months for breaching a suspended sentence during protests at mining and logging sites.

The Conversation

Tanzania's gas boom that never was – when local hopes are dashed by global realities

Rising international commodity prices can shape or reshape the fortunes of places. When large mining and oil and gas prospectors suddenly show an interest, a remote area can become a resource frontier – a place that’s far from the socioeconomic centre of a country but important to its economy.

The Guardian - UK

Canada calls for halt to deep-sea mining amid fears of ecological devastation

Country’s ministers echo European governments, scientists and environmental organisations in citing need for robust regulation of fledgling sector

The Independent UK

Chip maker Foxconn exits a semiconductor joint venture with Indian mining company Vedanta

Taiwan-based electronics giant Foxconn is backing out of a $19.5 billion semiconductor joint venture with Indian mining conglomerate Vedanta Ltd

The Guardian - UK

Seafood industry joins chorus of groups calling for halt to deep-sea mining plans

Fishers and retailers say mining’s impact on tuna fishing in the Pacific might be felt on supermarket shelves around the world

Tribune News Service

A mining company is hunting for lithium — right on the edge of wildlife refuge

LAS VEGAS -- The modern-day gold rush in the race to a greener economy is knocking on the door of a long-protected oasis in the middle of the Nevada desert.

The Times of India

Foxconn to apply for India chipmaking incentives after pullout from Vedanta JV

NEW DELHI: A day after it withdrew from a $19.5 billion semiconductor joint venture with mining baron Anil Agarwal's Vedanta Ltd, Foxconn said it plans to apply for incentives that India is offering under its semiconductor manufacturing policy.

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